2018 LBP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 LBP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the LBP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 165.6026. Conversely, the yearly low was recorded on January 21, dropping to 0.0066.
This high-to-low spread represents a total annual volatility of 165.5960 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 164.6595, the exchange rate registered a net change of 2467553.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 165.6026 was up 2276320.54% compared to the 2017 peak of 0.0073, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
LBP to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.1139, compared to 139.6300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 111.5161 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 94.3503 VEF (High: 164.8691 / Low: 70.5188). On the other end, January was the most stable month, with a tight range of 0.0004 VEF (High: 0.0069 / Low: 0.0066).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0075 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 164.2749) against the same month in 2017 (average: 0.0068), the exchange rate shifted by +164.2680 (+2402812.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0069 | 0.0066 | 0.0067 |
| February | 19.1471 | 0.0066 | 10.7874 |
| March | 26.5814 | 19.1213 | 24.0145 |
| April | 44.2725 | 26.4820 | 33.0928 |
| May | 52.9336 | 45.2904 | 47.9350 |
| June | 53.0140 | 52.6207 | 52.8473 |
| July | 70.8873 | 52.5802 | 60.2259 |
| August | 164.8691 | 70.5188 | 120.1923 |
| September | 164.6636 | 163.2802 | 164.1452 |
| October | 164.9779 | 163.9617 | 164.2823 |
| November | 165.6026 | 163.1595 | 164.2749 |
| December | 164.9437 | 163.9800 | 164.6595 |